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Luko alumni raise €25m from Balderton and Ribbit Capital as B2B fintech reigns | Sifted

Two former Luko employees have raised €25m in funding for their automated financial management startup Payflows. Balderton Capital led the Series A round, which also saw participation from existing investors Ribbit Capital, Headline, 20VC and French shopping mall Galerie Lafayette’s family office. Cofounders Pauline Glikman, formerly VP of operations at Luko, and Joseph Assouline, who headed up machine learning operations at the recently-acquired French insurtech, started working on the startup ...

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